Greetings of the seasons to all our subscribers! With only a few trading days left to the holidays, here's the update on publication schedules for Investors Intelligence Hotlines:

US Services - Publication schedule as usual. Christmas Eve (Friday 24th December) is a market holiday and there will be no updates

The Coe Report - see latest report for schedule. We anticipate reduced activity.

UK-based Services. Investors Intelligence Index, Commodity, FX and Fixed Income Hotlines are produced in the London office. Please note that there will be no Hotlines on the public holidays (27/28th Dec and 3rd Jan). We will be producing yeare-end overviews of these markets over the holiday period.

And a thought for the New Year? One of the "overseas" markets that we like the look of is Vietnam. The country is an increasingly popular holiday destination and is gaining in terms of public awareness. However, the stock market has lagged the dynamic growth seen in many other Asian countries

Jackson Wong has put together a few bullet points on why this market looks poised to take off in 2011. You can read the pdf version of this report by clicking here. In the meanwhile, here's the eight points in the country's favour -

Overlooked as an investment destination since 2008

Primed to benefit from a countryrotation in 2011

Historically, Vietnam is a mid-late cycle outperformer (see Chart 1)

Stock valuation inexpensive:

◦At US$42 billion, Vietnam has same market capitalisation as Pakistan

◦P-E ratio at a major discount to Asia ex-Japan

Economy expanding

Low foreign participation  due for an increase

Finally, the II team - Mike Burke, John Grey, Grace Ann, Tarquin Coe, Lia, Jackson, Mark & Sarah - would like to wish a happy Christmas and a prosperous new year to all readers.